3.30 Menomonie Casino Company earned $23,458,933 before interest and taxes for the fiscal year ending March 31, 2014. If the casino had interest expenses of $1,645,123, calculate its tax burden using Exhibit 3.6. What are the marginal and the average tax rates for this company? 0 EBIT Interest expenses 23,458,933 1,645,123 4 0 Tax schedule US Federal Corporate Income Tax Rates for 2013 Upto 50,000 75,000 75001 $100.000 100,001 S 335,000 335,001 S 10,000,000 10,000,001 $ 15,000,000 15,000,001 $ 18,333,333 Rate 15% 25% 34% 39% 34% 35% 38% 35% Taxable Income from 50,001 $ 18333,334$ 3 #3.24 #3.261 #3.29| #3.30 -- EXAMPLE : #31 : #31 0wg